Foxconn's car-making business has achieved initial results and won important orders from Tesla's supply chain

According to news on May 30, cross-border car manufacturing has never been new. Participants from all walks of life have joined in, and the OEM industry giant Foxconn is one of them. Foxconn has made initial progress in its automobile manufacturing business and has also achieved good results in the supply chain field. As far as the editor knows, there is news that Foxconn’s parent company Hon Hai Group has successfully obtained orders for Tesla’s automotive electronic control units (ECUs). If this news is true, as a global leader in the field of new energy vehicles, this order will undoubtedly be of great value and significance.

According to Taiwanese media reports, Hon Hai Group recently received an order for Tesla’s automotive electronic control unit and plans to produce it at its factory in Mexico to further expand the shipment scale of its automotive electronic module products. According to supply chain experts, Tesla has triggered multiple electric vehicle price wars in the global market, putting tremendous pressure on suppliers. Hon Hai Group is able to expand its ability to take orders for Tesla components because it has greater advantages over its competitors in terms of price and mass production scale.

#As far as the author understands, in fact, Hon Hai Group has already expressed its desire to obtain more Tesla orders. In October last year, Hon Hai Chairman Liu Yangwei said that Hon Hai and Tesla are not in a competitive relationship, and he hopes to one day participate in vehicle manufacturing for Tesla. At present, Yisheng, a subsidiary of Hon Hai, has become one of the few companies in the Hon Hai Group that has a proven track record in shipping electric vehicle-related components, and has a close cooperative relationship with Tesla. Yisheng's Mexican factory currently mainly supplies Tesla with components such as battery machine components, battery bracket components, battery back covers, rear trunk plastic parts and tailgate interior trim.

Hon Hai’s business model in the electric vehicle industry is similar to its model in the field of personal computers and mobile phones, Liu Yangwei revealed. Through vertical integration and global supply chain management capabilities, Hon Hai has enhanced its competitiveness in the field of electric vehicle manufacturing services.

It is worth mentioning that the editor learned that Hon Hai Group is constantly working hard to expand cooperation with Tesla and strive for more orders, which shows its emphasis on the new energy vehicle industry and its determination. With the rapid development of the electric vehicle market, cooperation between suppliers and manufacturers has become closer, and Hon Hai's participation will further promote the development of the electric vehicle industry.

In general, Hon Hai Group successfully won Tesla’s automotive electronic control unit order, which is an important progress it has made in the car manufacturing business and also proves its ability in supply chain management. strength. The success of Hon Hai Group will provide Tesla with a stable supply of components and components, while also adding advantages to Hon Hai Group’s competitiveness in the field of electric vehicle manufacturing services. As cooperation between the two parties continues to deepen, the electric vehicle industry will face new opportunities and challenges.

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